Annuncio • Jun 23
Trident Resources Corp. Reports Inaugural Assay Results from Eleven Diamond Drill Holes At Preview South West Deposit Trident Resources Corp. announced inaugural assay results from eleven diamond drill holes completed during the 2026 winter drill program at the Preview South West Deposit, part of the Company's Contact Lake Gold Project in northern Saskatchewan. Preview Southwest is a cornerstone asset and target area within Trident's emerging district-scale exploration strategy in the La Ronge Gold Belt. The results reported highlight the opportunity to further define and expand mineralization at Preview Southwest while advancing Trident's broader objective of building a substantial gold camp within the La Ronge Gold Belt. These initial results reinforce management's confidence in the growth potential of both the Preview Southwest Deposit and the Company's other key assets within the broader regional land package, including the Preview North, North Lake, and Greywacke gold deposits. Hole PR26004 returned 1.32 g/t gold (Au) over 132.0m from 22.00m, including 2.85 g/t Au over 40.32m from 22.00m, including 101.00 g/t Au over 1.00m from 37.00m. Hole PR26006 returned 1.53 g/t Au over 51.00m from 275.00m, including 2.75 g/t Au over 24.72m from 284.88m. Hole PR26007 returned 1.08 g/t Au over 77.59m from 120.91m. The Preview Trend represents a string of mineralized bodies within a localized trend, with mineralization located close to surface; the Company intends to test the potential for additional mineralization along strike. The summer 2026 drill program has recently commenced and will continue into the fall with an anticipated +20,000m of additional drilling. The Preview Trend spans over 7.0km and hosts the Preview SW and Preview North deposits in addition to five other distinct gold-bearing zones. Preview SW and Preview North host current Mineral Resource Estimates that together contain over 350,000 oz Au in the Indicated category and 540,000 oz Au in the Inferred category. The Preview SW deposit is located 2.5km SE of the Contact Lake deposit and past producing mine within in a parallel shear zone. Though currently being advanced as a lower-grade, bulk-tonnage deposit, high-grade mineralization has been encountered historically in drilling, with previous operators reporting 633.61 g/t Au over 4.08m, including 1,123.25 g/t Au over 2.30m including 4279.00 g/t Au over 0.6m. Mineralization along the Preview Trend is interpreted to be directly related to the mineralizing system at the nearby Contact Lake deposit. Trident’s inaugural drill program at Preview SW was a follow-up to the current MRE that was completed in November 2025. The winter drill phase at Preview comprised 3,142.0m in eleven holes. Eight of the holes were collared at the Preview SW deposit and three were drilled at Preview Zone C, an under-explored area that is located 1.5km NE of Preview SW and 600m SW of Preview North. Drilling at Zone C confirmed that significant gold mineralization is present along the entire Preview Trend. The eight drill holes at Preview SW were designed to both infill and expand the current pit-constrained resource area. Drilling confirmed that material gold mineralization is present below and along the margins of the currently defined limits of the deposit, which remains open for expansion in all directions. Gold mineralization is structurally controlled in quartz veins within or on the margin of sheared diorite sills, which extend 5.2km along the trend. Both Preview SW and Preview North are comprised of multiple sub-parallel shear structures that bifurcate and merge along their length and are persistent at depth. The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around USD 300/oz and Cameco Corporation reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits. Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and together comprise a current Mineral Resource of more than 2.0 million ounces of gold. These estimates are supported by Mineral Resource Estimates which do not include any gold-related ounces from the past-producing Contact Lake target area. Trident believes that significant additional high-value resource growth opportunities exist across all of its assets, and that the Contact Lake Gold Project as a whole — anchored by Contact Lake and advanced by Preview — represents one of the most compelling development opportunities in the La Ronge Gold Belt. All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed in sealed poly bags with unique identification numbers and transported to ALS Global in Saskatoon, Saskatchewan for analysis, while the other half is archived and stored on site for verification and reference purposes. At the lab, samples are received and digitally recorded then dried and pulverized into a fine powder. Gold is assayed using a 30g fire assay method and 49 additional elements are analyzed by Inductively Coupled Plasma (ICP) utilizing a 4-acid digestion. Secondary metallic screen analyses are performed on select mineralized zones and all samples that return >3 g/t Au to quantify the nugget effect of the gold mineralization. Quality Assurance and Quality Control (QAQC) samples including field blanks, duplicates and lab-certified standards are inserted in the sample stream at a rate of greater than 10% of all samples submitted to the lab. ALS Global also conducts their own internal QAQC protocol. Annuncio • Jun 17
Trident Resources Reports Assay Results for Winter Drill Program At Contact Lake Gold Project Trident Resources Corp. announced assay results for the final 7 (seven) diamond drill holes from the 2026 winter drill program at the Contact Lake Gold Project in northern Saskatchewan. All seven holes were drilled on winter ice into the BK3 Zone at the Contact Lake target area and intersected high-grade gold mineralization further validating the potential of the BK3 Zone to host substantial gold mineralization. Eleven (11) holes remain unreported with assays pending from the Preview Lake deposit area located approximately three kilometres from the Contact Lake target area. These results from the BK3 Zone illustrate the robust characteristics of the mineralizing system present at Contact Lake that has consistently returned high-grade gold horizons at surface and at depth. The winter drill program has reinforced that the Contact Lake deposit is open for expansion along strike in all directions and at depth. Trident has recently recommenced drilling at the project with over 20,000 metres planned for this summer and fall. The results from this release are from holes CL26033, CL26043, CL26044, CL26045, CL26046, CL26047 and CL26048. The holes targeted mineralization in the BK3 Zone, where separate splays of the Bakos Shear Zone display variably intense shearing and alteration with significant gold mineralization present within the shear as well as in the hanging wall and the footwall of the structure. The winter drill program at Contact Lake comprised 10,127m in 29 holes, all of which reported notable intercepts of gold mineralization. The summer 2026 drill program commenced with two drill rigs, drill equipment and personnel presently on site for what is anticipated to be approximately 20,000m of additional drilling that will test the Contact Lake deposit at depth and along strike toward the west. The Contact Lake Gold Project covers approximately 22,790 hectares and includes the past-producing Contact Lake gold mine, which produced approx. 190,000 ounces of gold at an average head grade of 6.16 g/t Au during active mining operations between 1994 to 1998. At the time of mine closure, the price of gold hovered around $300/oz (USD) and Cameco Corporation reported that substantial gold resources were left unmined. Situated in the highly prospective La Ronge Gold Belt of Saskatchewan, the Contact Lake Property also hosts the Preview SW, Preview North and the North Lake orogenic gold deposits. Along with the Greywacke North deposit (located by road 40km northeast of Contact Lake), these four deposits are wholly-owned by Trident Resources and host current Mineral Resource Estimates which do not include any gold-related ounces from the past-producing Contact Lake target area. All drill core is logged, photographed and cut in half with a diamond saw. Half of the core is placed in sealed poly bags with unique identification numbers and transported to ALS Global in Saskatoon, Saskatchewan for analysis, while the other half is archived and stored on site for verification and reference purposes. At the lab, samples are received and digitally recorded then dried and pulverized into a fine powder. Gold is assayed using a 30g fire assay method and 49 additional elements are analyzed by Inductively Coupled Plasma (ICP) utilizing a 4-acid digestion. Secondary metallic screen analyses are performed on select mineralized zones and all samples that return >3 g/t Au to quantify the nugget effect of the gold mineralization. Quality Assurance and Quality Control (QAQC) samples including field blanks, duplicates and lab-certified standards are inserted in the sample stream at a rate of greater than 10% of all samples submitted to the lab. ALS Global also conducts their own internal QAQC protocol. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CA$4.20, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 15x in the Metals and Mining industry in Canada. Total returns to shareholders of 740% over the past three years. Price Target Changed • Jun 12
Price target increased by 84% to CA$7.48 Up from CA$4.06, the current price target is provided by 1 analyst. New target price is 107% above last closing price of CA$3.62. Stock is up 432% over the past year. The company posted earnings per share of CA$0.16 last year. New Risk • Jun 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$135.6m (US$96.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (89% accrual ratio). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$135.6m market cap, or US$96.8m). Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CA$4.64, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 16x in the Metals and Mining industry in Canada. Total returns to shareholders of 744% over the past three years. 
